HIH Insurance Ltd., following in the footsteps of ReAC and GIO, became the latest Australian insurance company to be forced...
P&C Companies News
On March 28, S&P removed the ratings of SAFECO Corp. and related entities from CreditWatch and lowered SAFECO’s counterparty credit...
Claims Direct, the U.K. company that handles accident victims compensation claims online, issued a new profit warning on March 28,...
The “AAA” counterparty credit rating and insurer FSR on Munich Reinsurance Co. AG were affirmed by S&P. The rating action...
Lawyers representing Air France and La Réunion Aerienne, the insurance consortium covering the damages arising from last July’s crash of...
The “A+” insurer FSR on Arrow Reinsurance Company Ltd. was affirmed by Fitch. The Bermuda-domiciled reinsurance company is a wholly...
The ongoing crisis between the U.S. and China over the forced landing of a spy plane on Hainan Island and...
The “A-” insurer FSR of AFC Re Ltd. was withdrawn by Fitch. AFC Re’s was acquired in December 2000 by...
Reno-based First Nevada Insurance Co. sold its first insurance policy in December 1995. The company sold its last policy a...
In the summer of 2000, a survey on rate and form filings procedures implemented by state insurance departments was sent...